If Im understanding correctly, youre buying the home from your mom who will take a first position lien on the property in exchange for carrying the $100k of the purchase price on a private note.

Forget whether any of this is correct. 

This means there are no checks and balances to ensure all transactions are entered correctly.

Asking in the correct forum will get a better response.Read the RULES!

@Troy SmithThe advice you received is correct.

And this doesn't even hit on the dealing with contractors side, which need daily oversight if you want things done correctly.  

@Bob Dole please tell me you have a CPA and you're simply educating yourself so that you can verify what he is saying is correct? 

That plus his willingness to communicate with anyone who asks him questions and his team are very  praiseworthy.

After years and years of being frustrated by how tough it is to find honest, communicative contractors, I decided to start a Handyman/contracting business.This is NOT a solicitation.My question is – What are Property Managers / STR Owners / Investors looking for when they need a handyman and how are they finding them?

It offers high accuracy with 80-90%+ correct contact data, which is crucial for reaching homeowners.